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708 Fish Lake Ln PROPERTY INFO
FACTS
- Built In 1930
- Price/Sqft : $56.13
CONSTRUCTION
- Beds : 0
- Floor Size : 1,110 sqft
- Baths : 0 Full
708 Fish Lake Ln SCHOOLS
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Financial Details
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East Carondelet
Neighborhood : East Carondelet
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 49% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $634 per month.
MY RENT : $634 MEDIAN RENT : $638
Household Rent Affordability
According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $634 would therefore be considered affordable for annual household incomes greater than $25,360 (12 months x 3.333 x $634).
HOUSEHOLD INCOME RANGE
Approximately 1,061 of households in this neighborhood have a total annual income of $25,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $634 per month.
MINIMUM INCOME RANGE : $25,360
COMMUTE TIME DISTRIBUTION
72% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.
East Carondelet Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 17.3% |
| Educational Services | 13.0% |
| Health Care & Social Assistance | 12.2% |
| Manufacturing | 7.7% |
| Professional & Scientific Tech Services | 6.5% |
| Retail & Wholesale Trader | 26.2% |
| Other | 17.0% |
AGE DISTRIBUTION
57% of the population is between the ages of 25 and 64, 34% is 24 or younger and 9% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 14.1% |
| 15-19 | 13.8% |
| 20-24 | 6.1% |
| 25-44 | 24.9% |
| 45-65 | 32.2% |
| 66+ | 9.0% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 4.7% |
| Healthcare | 5.8% |
| Management, Business, & Financial | 4.9% |
| Natural Resources Maintenance | 11.5% |
| Production & Transportation | 26.4% |
| Sales & Office | 36.7% |
| Other | 9.9% |
HIGHEST EDUCATION LEVEL
5% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 4.5% |
| High School | 43.7% |
| Masters Degree | 0.5% |
| Some College | 32.9% |
| Some High School | 15.6% |
| Other | 2.9% |
708 Fish Lake Ln Comps
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708 Fish Lake Ln, East Carondelet, IL 62240 is a single family home of 1,110 sqft. HomeUnion INVESTimateĀ® for 708 Fish Lake Ln includes a Price Estimate of $62,304 and a Rent Estimate of $634. This single family home has 0 bedrooms,0 bathrooms, and was built in 1930. This property has an estimated 15 year annualized Yield of 12.21% and Total Return of 14.06%. The estimated 1 year forecast in home value for 708 Fish Lake Ln is 2.98%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , SAINT CLAIR County , or the 62240 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
